Loyal Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Loyal Textile Mills has a total shareholder equity of ₹2.6B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 184.4%. Its total assets and total liabilities are ₹8.8B and ₹6.2B respectively.
Key information
184.4%
Debt to equity ratio
₹4.73b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹100.60m |
| Equity | ₹2.56b |
| Total liabilities | ₹6.21b |
| Total assets | ₹8.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514036's short term assets (₹4.9B) do not cover its short term liabilities (₹6.2B).
Long Term Liabilities: 514036's short term assets (₹4.9B) exceed its long term liabilities (₹22.8M).
Debt to Equity History and Analysis
Debt Level: 514036's net debt to equity ratio (180.5%) is considered high.
Reducing Debt: 514036's debt to equity ratio has increased from 160.1% to 184.4% over the past 5 years.
Debt Coverage: 514036's debt is well covered by operating cash flow (33%).
Interest Coverage: Insufficient data to determine if 514036's interest payments on its debt are well covered by EBIT.